Assante Team

Helping our clients
gain financial confidence

2019 Federal Budget Commentary

Wealth Planning | Mar 20, 2019

On March 19, 2019, federal Finance Minister Bill Morneau tabled the Liberal government’s highly anticipated budget – the final one before the October 2019 election. After accounting for Budget 2019 proposals, the budgetary balance is expected to show deficits of $14.9 billion in 2018-2019 and $19.8 billion in 2019-2020. Over…

This is what it sounds like when doves cry

Markets | Feb 27, 2019

Markets roared back in January from December’s steep sell-off. The S&P/TSX Composite Index was up 8.7% – it’s best month in a decade. In the U.S., the S&P 500 Index had its best January performance in over 30 years. International equities also surged and the “risk-on” sentiment echoed across other…

2019 BC Budget Commentary

Wealth Planning | Feb 20, 2019

Finance Minister Carole James tabled the 2019 British Columbia provincial budget on February 19, 2019. The budget projects surpluses of $274 million for the 2019-2020 fiscal year, $287 million for the 2020-2021 fiscal year and $585 million for the 2021-2022 fiscal year. On the income tax side, there were no…

2018: A Year in Review

Markets | Dec 18, 2018

During any extended stock market rally, a curious thing tends to occur: several close acquaintances – who aren’t professional investors – enjoy offering me their unsolicited advice on how to make money. But when markets fall, the same group often panics, demanding to know what they should do. This mixed…